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According to the public record, 41, Caravel Close, Grays is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 993 ft2 of internal area and sits on a 173 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 41, Caravel Close, Grays is £445,660 and the estimated rental value is £2,085 per month.
Caravel Close, Grays, RM16 is located within the RM16 postal district.
41, Caravel Close, Grays has 31 entries in the Land Registry , most recently in February 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 41, Caravel Close, Grays is in very good condition we estimate a sale value of £467,943 and a rental value of £2,190 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £414,463 and a rental value of £1,940 per month.
Over the last 12 months the sale value of 41 Caravel Close Grays has increased by an estimated £3,928 (0.9%) and its rental value has increased by an estimated £57 per month (2.7%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 41, Caravel Close, Grays sits on a plot of 173m2.
We have plot size data on 22 out of 28 other houses in the postcode and 41, Caravel Close, Grays sits on the 13th largest plot.
According to HM Land Registry, 41, Caravel Close, Grays was last sold on 7th February 2011 for £212,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2011, the market for similar properties has risen 100.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Caravel Close, Grays within a radius of 530 metres over the last 2 years.
The most recent example is 76, Clifford Road, Grays, RM16 6NY, a freehold house which sold for £525,000 on the 30th September 2025.
Read more about house prices in RM16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Caravel Close, Grays, RM16 has a total of 53 addresses. According to our analysis of all the public data, 41, Caravel Close, Grays is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £35k more expensive than the average property in RM16.
The closest station to 41, Caravel Close, Grays is Grays station which is 1.6 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 41, Caravel Close, Grays, 53.4% of property is privately owned with a mortgage and 31.5% is privately rented.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 41, Caravel Close, Grays, 28.0% of residents are recorded as possessing school level qualifications and 36.2% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 41, Caravel Close, Grays, the average age was 35.4 and the most common age was 42.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 41, Caravel Close, Grays, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 41, Caravel Close, Grays, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
